Form 990 for tax year 2022
Filed by INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC.
Totals
- Total revenue
- $6,355,840
- Total expenses
- $5,298,320
- Contributions and grants received
- $5,172,031
- Grants paid
- $4,576,619
- Program services expenses (Part IX)
- $4,818,800
- Management and general expenses
- $274,097
- Fundraising expenses
- $205,423
- Program service expenses (Part III)
- $4,818,800
Program services were 90.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
SHANEKA PEDERSEN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
JONATHAN COFFIN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
TIMOTHY COLEMAN
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
GINGER LIPPERT
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
DIANE ARNOLD
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KIRK BEVINGTON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
STEPHEN DOWNING JR
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ELIZABETH LERCH
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KEVIN SHELLEY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
STEPHANNIE BAILEY
CEO
- Total calculated
- $223,431
- From this org
- $214,401
- From related orgs
- $0
- Other
- $9,030
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $214,401
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $9,030
- Filer's total
- $223,431
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF THE CEO ON AN ANNUAL BASIS AND DETERMINES WHETHER THE APPROPRIATE COMPENSATION LEVEL IS SET BASED ON PERFORMANCE WITH OTHER NON-PROFIT ORGANIZATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$3,863,188
EDUCATIONAL ASSISTANCE
-
EDUCATIONAL ASSISTANCE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313199349302486
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